Terms of Use

No advice, no offer

Everything on Naija Gold Steps is educational material only. It is not investment advice, not a recommendation, and not an offer or solicitation to buy or sell gold, CFDs, or any other financial instrument. You should not treat any sentence on this site as a reason to open a trade.

We do not know your personal financial situation, your risk tolerance, or your goals, so we cannot tell you what to do. If you need personal advice, speak to a licensed financial adviser who is registered with the appropriate authority in Nigeria.

Risk of loss

CFDs on gold carry a high risk of loss, and most retail accounts lose money. Leverage can multiply both gains and losses, and you can lose more than your initial deposit. Never trade with money you cannot afford to lose, and understand the margin requirements before you open a position.

The worked figure on this site shows that at the maximum leverage available in Nigeria of up to 1:200, a 0.10-lot gold position needs about $85.50 margin. That is a small amount relative to the position size, which means a small price move against you can wipe out that margin quickly.

Figures and affiliate links

All figures on this site are dated and must be verified with the broker before you act. We read the broker's documents on a specific date, but trading conditions change, and the broker's current terms may differ. Always check the broker's official website or contact their support for the latest numbers.

Some links on this site are affiliate links. If you click one and open an account, we may earn a commission, but your relationship is with the broker, not with us. Any dispute, deposit, withdrawal, or trade execution is between you and the broker, and we have no involvement in that relationship.

Naija Gold Steps is an information site, not a trading platform

Naija Gold Steps is a standalone educational website that explains how gold trading works in Nigeria, and it is not a broker, an investment adviser, or a signal service. The site does not hold client money, execute trades, or open accounts for anyone, so no reader should expect a trading dashboard, a deposit button, or a customer support desk for orders here. Its role is limited to publishing plain-language guides, worked examples, and broker comparisons, all of which are meant to help a beginner understand the mechanics of XAU/USD before they ever place an order.

The content on this site is general information written for a Nigerian audience, and it is not personalised advice for any individual's financial situation. Nothing on Naija Gold Steps tells you whether gold is right for your income, your savings goals, or your risk tolerance, because the writers do not know those things about you. Any decision to trade gold through FxPro or another broker is yours alone, and you should treat every page here as a starting point for your own research rather than a recommendation to buy or sell.

Because the site is educational rather than advisory, it does not owe you a duty of care in the way a licensed investment adviser would, and it cannot be held responsible for trading losses you incur after reading it. Gold prices move constantly, and the reference price of about 4275.0 for one ounce of XAU/USD is only a snapshot used in examples, not a live quote or a forecast. You should always check the actual market price on your broker's platform before making any trade, and you should never assume that a worked margin example on this site will match your own account.

How Naija Gold Steps earns money from broker links

Naija Gold Steps has an affiliate relationship with FxPro, which means that if you click a link on this site and then open a live trading account with FxPro, the site may receive a commission from the broker. This commission is paid by FxPro out of its own marketing budget, and it does not add any cost to your trades, your spreads, or your account fees. The site also does not receive a different commission based on whether you make or lose money, so there is no incentive for the writers to encourage reckless trading or to hide the risks of gold.

The affiliate relationship is the main way Naija Gold Steps keeps its content free for readers, and it applies to any FxPro link or banner on the site, whether it appears in a review, a comparison table, or a guide. The site may also have affiliate links to other brokers or financial tools in the future, but as of now FxPro is the only broker named in the content. Any future affiliate partner will be disclosed in the same plain way, and the site will never accept payment to publish a positive review of a broker that the writers have not actually examined.

You should understand that an affiliate commission creates a financial incentive for Naija Gold Steps to present FxPro in a favourable light, but the writers are instructed to keep every factual claim grounded and to avoid hype. The site will never promise that gold trading is safe, that you will earn a profit, or that FxPro is the best broker for every Nigerian trader. If you are uncomfortable with affiliate links, you can simply go to FxPro's website directly without clicking any link here, and the information on Naija Gold Steps will still be available for you to read.

What Naija Gold Steps is not liable for

Naija Gold Steps is not liable for any financial loss you suffer from trading gold, even if you followed an example or a broker recommendation found on this site. Trading XAU/USD is inherently risky, and the site's explanations of margin, leverage, and pip values are educational only; they do not reduce the chance that a trade will move against you. If you open a position and the market drops, your loss is a result of market risk and your own decision to trade, not a failure of the information on this page.

The site is also not liable for errors, delays, or omissions in its content, because market conditions and broker terms change often and the writers cannot guarantee that every number on the site is current at the moment you read it. For example, the worked figure of an $85.50 margin for a 0.10-lot gold position at 1:200 leverage is based on a reference price and a specific offshore entity, but your actual margin will depend on the live price, your broker's margin formula, and the leverage cap applied to your account. Always verify directly with FxPro or your chosen broker before you trade.

Finally, Naija Gold Steps is not liable for the actions or failures of any broker you sign up with through this site or elsewhere. FxPro is a separate company, and its platform uptime, withdrawal processing, customer support, and execution quality are outside the control of this website. If you have a dispute with FxPro over a trade, a deposit, or a withdrawal, you must raise it with FxPro directly or with the relevant regulator, not with Naija Gold Steps. The site's liability is limited to the maximum extent allowed by law, and in no case will it exceed the amount you paid to access this site, which is zero.

The governing law for these terms

These terms are governed by the laws of the Federal Republic of Nigeria, and any dispute about the content or use of Naija Gold Steps will be resolved under Nigerian law. This means that if you believe the site has harmed you in some way, you would need to bring a claim in a Nigerian court or through a Nigerian dispute resolution process, and the court would apply Nigerian statutes and case law to the facts. The site is operated for a Nigerian audience, and the use of local currency examples, local funding methods, and the SEC Nigeria register caveat all reflect that focus.

Because the broker FxPro serves Nigeria through FxPro Markets Direct Costa Rica Latam SRL, an offshore entity, there may be a question of which country's law applies to your trading relationship with FxPro. Those terms are separate from these site terms, and they are set out in FxPro's own client agreement, not here. Naija Gold Steps does not control or guarantee which legal system will govern your broker account, and you should read FxPro's legal documents carefully before you open an account, especially if you are concerned about offshore entities and the protections they offer.

Nothing in these terms is intended to remove any consumer protection rights you have under Nigerian law, and if any part of these terms is found to be unenforceable by a court, the rest of the terms will continue to apply. The site also notes that the SEC Nigeria register of capital market operators is the official place to confirm whether a broker is authorised to operate in Nigeria, and you should check that register yourself. The fact that FxPro is licensed by the FCA, CySEC, and FSCA does not automatically mean it is registered with SEC Nigeria, and Naija Gold Steps makes no claim that it is.

How updates to these terms are announced

Naija Gold Steps will publish any changes to these terms on this same page, and the updated terms will take effect as soon as they are posted. The site does not send individual email or SMS notifications about terms updates, so you should check this page periodically if you want to stay informed. A change could be as small as fixing a typo or as large as adding a new section about a different affiliate partner, and both types of changes will be reflected in the text here without a separate announcement banner.

When the terms are updated, the date of the last revision will be shown at the top of this page, and that date is the only formal notice the site provides. There is no obligation on Naija Gold Steps to keep an archive of old terms, and you should not assume that a previous version of the terms still applies after a new version is posted. If you continue to use the site after an update, that continued use will be taken as your acceptance of the new terms, even if you have not read them in full.

The site may also mention significant terms changes in a blog post or a social media update, but those mentions are not a replacement for this page and should not be relied on as the official record. If you disagree with a change to the terms, your only option is to stop using the site, because the site is free and there is no subscription to cancel. Naija Gold Steps will never change these terms retroactively, and any trades you made before a change will still be governed by the terms that were in effect at the time you made them.

How to get clarity on anything in these terms

If any part of these terms is unclear to you, the first step is to read the relevant section again slowly, because the site is written in plain language for beginners and avoids legal jargon wherever possible. Where a term like leverage, margin, or pip is used, the content on the site explains it in simple terms, and you can also refer to the educational guides linked from the homepage. If a sentence still does not make sense, you are encouraged to ask a question in the comments section of the relevant article, where the site's writers may provide a clarification.

For questions about your trading account, your deposits, or your withdrawals, you should contact FxPro's customer support directly, because Naija Gold Steps cannot see your account details and cannot act on your behalf. The site is not a mediator or an ombudsman, and it will not forward messages to FxPro for you. If you have a complaint about FxPro's service, you should follow the broker's official complaints procedure, which is described in its client agreement, and then escalate to the relevant regulator if you are not satisfied.

Finally, if you have a legal concern about the site itself, you may contact the site owner through the contact form, but you should not expect a legal opinion or a guarantee of a response. Naija Gold Steps is a small educational project, and it does not have a legal department, so any response will be informal and should not be taken as legal advice. For your own protection, always consult a qualified Nigerian lawyer if you need a formal interpretation of these terms or if you are considering legal action against the site.